A Tiny, Tony Tuneup
Monaco's Newest Land Expansion Project has a Heightened Focus on the Environment
The world's most expensive residential real estate market is adding new listings. A privately financed US$2.4 billion land extension project is underway to expand Monaco's coastline 15 acres (6 hectares) into the Mediterranean Sea to accommodate more residents. The Portier Cove project, slated to be complete in 2025, will include 120 luxury apartments and 10 villas, a landscaped park, a marina, a promenade, a small port, and new boutiques and shops.